cexe8881 cexe8881

13-02-2021
Mathematics

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A new car costs $45,650. It is expected to depreciate by 7% each year. Find the value of the car in 5 years.

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cameron03williams cameron03williams

13-02-2021

$29,672.5

7% x 5 = 35%
35% of $45,650 is $15,977.5
$45,650 - $15,977.5 = $29,672.5

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